Tyler TX - FedEx

Description:

National Tenant | Investment Grade S&P Rating.
Federal Express Corporation is the world’s largest express transportation company providing a broad portfolio of transportation, e-commerce and business services through companies competing collectively, operating independently and managed collaboratively under the FedEx brand.
Headquartered in Memphis, TN, FedEx ships to more than 220 countries and territories using air, ground and sea networks to link more than 99% of the world’s GDP.

Absolute NNN Lease | Fee Simple Ownership.
The lease is structured as an Absolute NNN lease, with the tenant responsible for CAM, taxes, insurance, and all maintenance of the premises.
This zero-responsibility structure makes the asset an ideal, management-free investment for out-of-state or passive investors.

New 5-Year Lease Extension | Long-Term Tenancy | Commitment to Site | 6% Rent Increases Each Option Period.
FedEx just exercised a 5-year option to extend its lease, and has operated at this location since 1995, illustrating its commitment to the site.
6% rent increases each option provide protection against inflation.

Recently Completed Renovations | Relative Distance from Nearest FedEx Site.
In spring of 2025, FedEx completed installation of a state-of-the-art package handling conveyor system at the site valued at approximately $450,000.
The subject FedEx location is situated approximately 13 miles from the nearest FedEx Ground facility.
The new conveyor system, paired with the subject property’s strategic location reaffirms
FedEx’s long-term commitment to this site.

Well-Secured Industrial Building on an Oversized Parcel.
Improvements include drive-through loading, eight loading bays with high security doors, office space, situated on a fenced 3.45 acre parcel.

Strategic Location with Local Highway & Airport Access.
Convenient location approximately 500 feet from Southwest Loop 323, a major travel loop surrounding the city of Tyler
Located 6 miles east of Tyler Pounds Regional Airport serving over 150,000 passengers annually.

Strong Demographics in 5-Mile Trade Area.
More than 108,600 residents and 79,700 employees support the trade area.
95,634 average household income, projected to increase to $106,806 by 2031.

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Listing ID: a28TP000003HtO9YAK